3 ms·
No. Is that what you want me to be saying so that you can tell me I have no idea what I'm talking about? :-P Let me make a few assertions: - The greatest bene
by danielrhodes 11y ago
No. Is that what you want me to be saying so that you can tell me I have no idea what I'm talking about? :-P
Let me make a few assertions:
- The greatest benefits from a rise in minimum wage will go to those with the lowest cost of living.
- Living in an urban area (dollar for dollar) is more expensive than living in a non-urban area.
- Most minimum wage jobs exist in cities (according to Pew Research):
http://www.pewresearch.org/files/2014/09/FT_14.09.08_MinimumWage_table.png http://www.pewresearch.org/files/2014/09/FT_14.09.08_Minimum...
- To work in a city, it has become increasingly beneficial to live in close proximity or inside a city.
Therefore, an increase in minimum wage, while certainly helpful, is going to have less of an impact than one would hope, simply because those who work minimum wage jobs have a higher cost of living by needing to be close to cities in order to work those same jobs.